文献类型：期刊文献

英文题名：Institutional difference and foreign direct investment location choice: Evidence from China

作者：Che, Yi[1];Du, Julan[2];Lu, Yi[3];Tao, Zhigang[4]

机构：[1]East China Univ Sci & Technol, Sch Business, Shanghai, Peoples R China;[2]Chinese Univ Hong Kong, Dept Econ, Cent Ave, Hong Kong, Peoples R China;[3]Tsinghua Univ, Dept Econ, Beijing, Peoples R China;[4]Cheung Kong Grad Sch Business, Beijing, Peoples R China

年份：2023

卷号：27

期号：3

起止页码：1934

外文期刊名：REVIEW OF DEVELOPMENT ECONOMICS

收录：;WOS:【SSCI(收录号:WOS:000955966600001)】；

基金：This paper is a revision of Yi Che's Ph.D. thesis (second chapter, 2013) in University of Hong Kong and provides updates to it. A previous version of this paper was circulated with the title: "Institutional difference and FDI location choice." We thank Jiahua Che, Larry Dongxiao Qiu, Zheng Michael Song, and Wen Zhou for comments and suggestions that substantially improved the paper. Yi Che gratefully acknowledges support from the National Natural Science Foundation of China (NSFC, Grant No. 72073095).

语种：英文

外文关键词：China; FDI location choice; institutional difference

摘要：Resting upon an extensive data set on foreign invested enterprises (FIEs) in China, we investigate the role of institutional difference in determining the locational choice of foreign direct investment (FDI). Estimation results using firm-level discrete choice model suggest that FIEs from source countries that are more remote institutionally from the Chinese mainland exhibit a higher degree of sensitivity to regional economic institutions in their choice of FDI location. Furthermore, we find that FIEs coming from countries with better institutions than China are more sensitive to the institutional difference. Interestingly, we find that the deterrent effect of institutional distance on FDI entry is mitigated for FIEs coming from countries with more ethnic Chinese individuals in their overall populations.